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Luxottica Founder Leonardo Del Vecchio Dies at 87

Luxottica Founder Leonardo Del Vecchio Dies at 87

Italy’s Leonardo Del Vecchio, who rose from childhood poverty to build the eyewear empire that owns brands such as Ray-Ban and Oakley, has died at the age of 87, his company said on Monday.

Del Vecchio added a dash of Italian style to spectacles and became one of Europe’s wealthiest men, investing some of his riches to build influential stakes in Italian financial companies Mediobanca and Generali.

The billionaire founded the Luxottica…


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